Privacy Notice

What Does First State Bank Do With Your Personal Information?

Rev. Date 06/01/20

Why?

Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.

What?

The types of personal information we collect and share depend on the product or service you have with us. This information can include:

Social security number

Account balances

Payment history

Checking account information

Overdraft history

Account transactions and history

When you are no longer our customer, we continue to share your information as described in this notice.

How?

All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information, the reasons First State Bank chooses to share, and whether you can limit this sharing.

Reasons We Can Share Your Personal Information

Does First State Bank Share?

Can You Limit This Sharing?

For our everyday business purposes – such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus

Yes

No

For our marketing purposes – to offer our products and services to you

No

No

For joint marketing with other financial companies

No

We Do Not Share

For our affiliates’ everyday business purposes – information about your transactions and experiences

To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.

How does First State Bank collect my information?

We collect your personal information, for example, when you

Open an account or deposit or withdraw from your account

Apply for a loan or provide account information

Give us your income information

Show your driver's license

Use your credit or debit card

We also collect your personal information from others such as credit bureaus, affiliates, or other companies.

Why can’t I limit all sharing?

Federal law gives you the right to limit only

Sharing for affiliates’ everyday business purposes –information about your creditworthiness

Affiliates from using your information to market to you

Sharing for non-affiliates to market to you

State laws and individual companies may give you additional rights to limit sharing. (See below for more on your rights under state law.)

Definitions

Affiliates

Companies related by common ownership or control. They can be financial and non-financial companies. First State Bank does not share with affiliates.

Non‑Affiliates

Companies not related by common ownership or control. They can be financial and non-financial companies. First State Bank does not share with non-affiliates.

Joint Marketing

A formal agreement between non-affiliated financial companies that together market financial products or services to you. First State Bank does not jointly market.

Other Important Information

In accordance with Oklahoma law, First State Bank will not share information we collect about Oklahoma residents with companies outside of First State Bank, except as permitted by law, such as legal processes or as required to service your account. We will limit sharing within our company to the extent required by applicable Oklahoma law.